But imputed income is not entirely exempt from federal income taxes. Employees may require an imputed income payroll adjustment. Employees can opt for federal income tax withholding on their imputed income or pay the requisite dues when they file their federal income tax return.
The stars represent the states in the union, currently ten rows of five stars equaling 50 states. even though America was splitting from mother England, the red white and blue colors represent an enduring tie to the colors of the United Kingdom's own red white and blue.
White signifies purity and innocence. Red, hardiness & valour, and Blueâ¦ signifies vigilance, perseverance & justice.â. Mike Buss, a flag expert with the American Legion, says that the most obvious reason for the flagâs colors is that they were simply taken from our mother countryâs flag â the Union Jack of England.he significance behind the flagâs design is more commonly known than that of its colors. The 50 stars stand for Americaâs 50 states, while the 13 red and white stripes represent the 13 colonies. But thereâs also a lesser-known interpretation for the Stars and Stripes.